Li Peng Enterprise Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 12, 2019 at 05:02 pm EDT
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Li Peng Enterprise Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 3,932.583 million compared to TWD 4,653.615 million a year ago. Operating loss was TWD 187.955 million compared to operating Income of TWD 71.886 million a year ago. Net income was TWD 16.988 million compared to TWD 384.845 million a year ago. Basic earnings per share was TWD 0.02 compared to TWD 0.44 a year ago. For the half year, sales was TWD 7,757.925 million compared to TWD 9,457.406 million a year ago. Operating loss was TWD 109.973 million compared to operating Income of TWD 129.482 million a year ago. Net income was TWD 138.997 million compared to TWD 366.418 million a year ago. Basic earnings per share was TWD 0.16 compared to TWD 0.42 a year ago.
Li Peng Enterprise Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of textile products. The Company is involved in the manufacture of nylon filaments, nylon chips and weaving fabrics. Its weaving fabric products include fabrics for trousers, nylon fabrics, fabrics for home decoration, shade fabrics, fire-proof fabrics, Lycra fabrics, superfine fiber fabrics, twisted fabrics and fabrics for industrial leather bags, among others. The Company also provides dyeing services and coating services, among others. The Company operates businesses in domestic and overseas markets, including Japan, Turkey and Brazil, among others.